"First, the good news: Disney's first quarter earnings beat estimates with revenue coming in at $25.98 billion, above analyst expectations of $25.74 billion; and higher-than-expected earnings per share (EPS) of $1.63 adjusted, 6 cents above Wall Street estimates of $1.57. That's due in large part to the entertainment giant's experiences unit, which operates 12 theme parks across six global resorts, along with cruises and vacation clubs, which reported more than $10 billion in quarterly revenue for the first time."
"Disney earnings are out, and by the looks of it, the entertainment giant is starting 2026 with some strong points in its first-quarter report, powered in part by two big hits at the box office. However, some disappointing news looking ahead to the second quarter may have spooked investors, causing shares of the stock to slide over 7% to $104.72 in afternoon trading on Monday."
Disney reported first-quarter revenue of $25.98 billion and adjusted EPS of $1.63, beating analyst expectations. The experiences unit—theme parks, cruises and vacation clubs—exceeded $10 billion in quarterly revenue for the first time. Two studio releases, Zootopia 2 and Avatar: Fire and Ash, each surpassed $1 billion globally, and ESPN captured more than 30% of all sports viewership across networks. Disney cautioned that second-quarter theme park operating income growth will likely be modest partly due to fewer international tourists to the U.S. Stock reactions included a more than 7% intraday slide and brief movement after Josh D'Amaro's CEO appointment.
Read at Fast Company
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